North Korea has neither the technology nor the will to nuke Great Britain, and if Iran was mad enough to actually use the weapons it's trying to get, it would rather have the "Zionist State" burn in flames along with Iran than the "Little Satan". Of course, then there's Russia and China, but an attack from both in the medium term seems very unlikely.
That said, it would be stupid to permanently discard our ability to do our bit into turning the Fallout series a reality. A replacement for Trident should be looked at when we have the resources to fund it.
Did that happen in the formation of any Federal state? If the USA had been subject to such conditions, then America as we know it wouldn't exist. Neither would Germany. Or India. Direct Democracy like that is dangerous and potentially illegal, as EU Law has supremacy over British law.
I would feel uncomfortable with further integration if certain EU institutions did not undergo radical reform. However, the ability of the EU to undergo that reform is lacking, as it is not strong enough to overcome the objections from single member countries. It's a real catch-22 situation.
For example, I would burn the Strasbourg Parliament to the ground, consolidate the four separate Presidencies of the EU into a single one, draw up a constitution that has a maximum length of 30 pages, make the President directly elected, synchronise national elections with European ones etc. These would all strengthen the European Union, but they would lead to a vast increase in both accountability and efficiency.
Working within the EU system is the only way those goals can be achieved, and regardless of the aims of the Tory Party, they simply cannot affect the debate from their position. It's like the USA refusing to join the League of Nations.
A banker being taxed less for his capital gains than a cleaner is for her income is far more immoral than the state spending (Not consuming; that's what the private sector wants the people to do). And progressive taxes don't retard growth, as they encourage consumption by the public.
A referendum lock can easily be screwed up into a ball and chucked into wastepaper basket of Euroscepticism when a non-Tory government gets into power, thanks to the British uncodified constitution, and the Tory's policy of refusing to codify it. Sure, the likes of Heffer and Hannan would huff and puff and get mighty cross, but then they wouldn't vote for anyone but the Tories anyway, so the point is moot.
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